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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 149 % in the past year, substantial increase in net sales/revenue by 22.06 %.
- Profit over the Year and quarter: Significant improvement in profitability for COLORCHIPS NEW MEDIA LIMITED. Notable increase of 4109.86 % in net profit Year to Year, COLORCHIPS NEW MEDIA LIMITED’s profitability increased by 5611.46 % in this quarter.
- EPS over the Year and quarter: EPS declined by -46.15 % Year to Year. EPS decreased by -12.5 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.1 Cr | Rs. 0.204 Cr | Rs. 0.249 Cr | + 22.06 % | + 149 % |
| Expenses | Rs. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.13 Cr | + 8.33 % | + 18.18 % |
| Operating Profit | Rs. -0.01 Cr | Rs. 0.08 Cr | Rs. 0.12 Cr | + 50 % | + 1300 % |
| OPM % | -10 % | 39.22 % | 48.19 % | + 8.97 % | + 58.19 % |
| Other Income | Rs. 0 Cr | Rs. 0.016 Cr | Rs. -8.851 Cr | -55418.75 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.21 Cr | Rs. 0.31 Cr | Rs. 0.23 Cr | -25.81 % | + 9.52 % |
| Profit before tax | Rs. -0.22 Cr | Rs. -0.21 Cr | Rs. -8.96 Cr | -4166.67 % | -3972.73 % |
| Tax % | -0 % | -25.24 % | -0 % | + 25.24 % | 0 % |
| Net Profit | Rs. -0.21 Cr | Rs. -0.16 Cr | Rs. -8.97 Cr | -5506.25 % | -4171.43 % |
| EPS in Rs | Rs. -0.13 | Rs. -0.08 | Rs. -0.07 | + 12.5 % | + 46.15 % |
Today, we’re looking at COLORCHIPS NEW MEDIA LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 149 %. However, it did see a marginal increase of 22.06 % from the previous quarter. Expenses ticked up slightly by 8.33 % quarter-on-quarter, aligning with the annual rise of 18.18 %. Operating profit, while up 1300 % compared to last year, faced a quarter-on-quarter increase of 50 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 58.19 %, but an expansion of 8.97 % sequentially. Other income fell by -55418.75 % compared to the last quarter, Depreciation costs fell by -25.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.52 %. Profit before tax declined annually by -3972.73 % but saw a reduction from the preceding quarter by -4166.67 %.
with a more notable quarter-on-quarter increase of 25.24 %. Net profit fell by -4171.43 % year-on-year but witnessed a -5506.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 46.15 % but a quarterly rise of 12.5 %. In summary, COLORCHIPS NEW MEDIA LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.1 Cr | Rs. 0.204 Cr | Rs. 0.249 Cr | + 22.06 % | + 149 % |
| Expenses | Rs. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.13 Cr | + 8.33 % | + 18.18 % |
| Operating Profit | Rs. -0.01 Cr | Rs. 0.08 Cr | Rs. 0.12 Cr | + 50 % | + 1300 % |
| Net Profit | Rs. -0.21 Cr | Rs. -0.16 Cr | Rs. -8.97 Cr | -5506.25 % | -4171.43 % |
| EPS in Rs | Rs. -0.13 | Rs. -0.08 | Rs. -0.07 | + 12.5 % | + 46.15 % |
In reviewing COLORCHIPS NEW MEDIA LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 149 % year-on-year growth, however, there was a minor increase of 22.06 % from the previous quarter. Expenses rose by 18.18 % compared to the previous year, with a 8.33 % increase quarter-on-quarter. Operating Profit surged by 1300 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly decrease of -4171.43 %, and experienced a -5506.25 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 46.15 % annually, however rose by 12.5 % compared to the last quarter. In essence, while COLORCHIPS NEW MEDIA LIMITED faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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